Silver is like any commodity in that the true price is based on supply and demand. It will price its self for whatever somebody is willing to pay in the current timeframe, just like in most of our other daily transactions.

Silver however has been used forever as an easy way to act and serve as money .You could have any item serve as money, but silver and gold are easy to store and transport to facilitate monetary transactions.

You can sell your pig and get one gold coin for it. See, real easy.

Since silver is valuable like gold, you would also receive about 50 silver dollars for the pig if you sold for silver.

If you think that the future may become bleak, Buy silver and gold as that may be the only way to get the food and fuel you need..If you think the future is sunny, hopeful, and rosy...NO need to buy silver.

My guess is that silver will double in 3 years or so.

Since my prognostications are oftentimes faulty I will leave it at that.

Silver is like any commodity in that the true price is based on supply and demand. It will price its self for whatever somebody is willing to pay in the current timeframe, just like in most of our other daily transactions.

In theory, yes, in practice no. This is a very dangerous mindset to have, especially with this particular commodity and especially with the current marketplace/soft regulations

Gold and silver prices have been on a gradual decline. With the real estate market percolating and the market strong people are going for better percentage investments. Not sure commodities is the place to be right now

Silver owners are waiting for Ben Barnake to quit propping up the stock market and the economy. We see real inflation now in the rise of gas and food prices, and this will continue.

Could be a 6 months or more away.

Actually your conclusion is wrong.

Silver/Gold go up when inflation risk increases..Ben "propping" the economy would support the exact opposite of this. If the FED werent propping then we would have deflation and gold/silver does not hedge against deflation.

If anything the metals market was a massive, misplaced bubble in anticipation of the FED, when inflation did not come, they dropped back to where they should be, maybe not fully yet.

I dont see silver as a hedge against anything..silver is a suckers play, a discount vs gold and nothing else.

Fair value on silver without the FED is probably half of current levels...thank the FED, without QE prices would be much lower.

Silver/Gold go up when inflation risk increases..Ben "propping" the economy would support the exact opposite of this. If the FED werent propping then we would have deflation and gold/silver does not hedge against deflation.

If anything the metals market was a massive, misplaced bubble in anticipation of the FED, when inflation did not come, they dropped back to where they should be, maybe not fully yet.

I dont see silver as a hedge against anything..silver is a suckers play, a discount vs gold and nothing else.

Fair value on silver without the FED is probably half of current levels...thank the FED, without QE prices would be much lower.

Silver/Gold go up when inflation risk increases..Ben "propping" the economy would support the exact opposite of this. If the FED werent propping then we would have deflation and gold/silver does not hedge against deflation.

If anything the metals market was a massive, misplaced bubble in anticipation of the FED, when inflation did not come, they dropped back to where they should be, maybe not fully yet.

I dont see silver as a hedge against anything..silver is a suckers play, a discount vs gold and nothing else.

Fair value on silver without the FED is probably half of current levels...thank the FED, without QE prices would be much lower.

Why is it a suckers play? Silver is the most electrically conductive metal, and with technology (cell phones etc) pumping out more and more, silver is gonna be in demand for practical purposes....

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